MarketWatch on “Goldman Sachs adopts ‘odds’ approach to forecast the Fed’s next move”

“Goldman Sachs said it’s “near-term Fed call” will now offer odds or probabilities… ‘This change will allow us to respond to new information about the economy or the Fed’s views in a manner that is nuanced but nevertheless clear, consistent with best practice as identified in the 2015 book Superforecasting by Philip Tetlock and Dan Gardner,’ the note said.”

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INTRODUCING THE BLOG
From thinking about the markets to understanding politics to navigating daily life, virtually anyone can get better at weighing the odds of what will happen next. This blog is dedicated to helping us all improve our forecasting prowess.